Stonepeak Acquires Oryx Midstream for Approximately $3.6 Billion
April 2, 2019
Funds managed by Stonepeak Infrastructure Partners agreed to acquire substantially all assets of Oryx Southern Delaware Holdings LLC and Oryx Delaware Holdings LLC (collectively, Oryx) for about $3.6 billion. Sellers include affiliates of Quantum Energy Partners, Post Oak Energy Capital, Concho Resources and WPX Energy; Oryx will remain headquartered in Midland, Texas with its leadership team continuing in place and investing alongside Stonepeak.
- Targets
- Oryx Southern Delaware Holdings LLC, Oryx Delaware Holdings LLC
- Sellers
- Affiliates of Quantum Energy Partners, Post Oak Energy Capital, Concho Resources, WPX Energy, Other investors
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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